Quebec gold sector sparks fresh exploration as prices surge

Quebec, Canada, home to the world‑renowned Abitibi Greenstone Belt, supplies roughly 30 % of the nation’s gold output. The belt has produced over 200 million ounces of gold, and chief executive Blake Morgan says, “The Abitibi Greenstone Belt has produced well over 200 million ounces of gold, but what’s exciting is that we believe it’s far from exhausted.” Rising gold prices – above US $4,080 per ounce after recent inflation data – are strengthening project economics and driving renewed drilling, deeper geologic modelling and satellite‑aided exploration across the province’s Larder Lake‑Cadillac Break.

At the same time, the global mining industry is increasingly turning to environmental, social and governance (ESG) tools to track sustainability performance. More than 70 % of mining companies now employ such platforms, with leading solutions covering satellite‑based mineral detection, community‑engagement dashboards and governance reporting. A key insight from the ESG overview notes, “The most successful mining ESG strategies align local stewardship with innovative digital tools, ensuring sustainability is measurable, practical, and central to decision‑making.” These tools aim to reduce environmental impact, improve social outcomes and meet tightening regulatory demands worldwide.